Idemitsu Expanding Production of OLED Materials

Idemitsu put out a release saying that it will expand its capacity for the production of OLED materials in Korea, from five tonnes per year to eight, bringing the company’s overall capacity up from seven tonnes to ten. The aim is to complete the capacity boost during the first half of fiscal year 2017 (i.e. by September 2017).

Analyst Comment

We have seen reports that Idemitsu has as much as 70% of the blue host market share and over 20% of HTL materials and almost half of the ETL market share in 2015. Idemitsu announced a deal with Merck to share patents last month Merck and Idemitsu Kosan Agree OLED Cross-licence (BR)